FUEL prices went up Tuesday for the second straight week.
The per-liter price of gasoline increased by 70 centavos, diesel by P1, and kerosene by 70 centavos.
Pump prices increase for 2nd straight week
The increase was attributed by sources in the local oil industry to oil-related global developments, specifically concerns of supply disruptions after Russia and Ukraine intensified their attacks on each other’s energy infrastructure, the possible impact on supply flows and global economy of the new US tariffs on India, signals from US Federal Reserve of an interest rate cut, and a large drawdown in US crude and fuel inventories.
Last week, pump prices of gasoline went up by 70 centavos, diesel by 50 centavos, and kerosene by 30 centavos., This news data comes from:http://yamato-syokunin.com
Pump prices increase for 2nd straight week
Since January, the price of gasoline has risen by P12.80 per liter, diesel by P13.35 per liter, and kerosene by P2.75 per liter.
- Bureau of Customs seeks missing luxury cars of contractor Sarah Discaya
- Pagasa sees two to four tropical cyclones hitting Philippines in September
- Comelec completes ballot printing for Bangsamoro elections despite redistricting dispute
- 17 House lawmakers press Marcos administration to raise WPS issue to UN
- North Korea's Kim Jong Un travels to Beijing to watch military parade alongside Putin, Xi Jinping
- Gloria Arroyo files bill to empower Office of the Vice President
- Dial 911: New nationwide emergency hotline to go live on Sept. 11
- Palace to Discayas: Prove allegations
- Some areas in Metro Manila, 5 provinces to have power interruptions due to maintenance works
- Bersamin letter proves Torre reassignments ‘valid’
